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US consumer prices rise slightly more quickly than expected in August

The cost of living in the U.S. rose a tad more quickly than anticipated last month, driven higher by the cost of petrol and for auto insurance. ....

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China slips into deflation in July

The cost of living in the People's Republic of China fell by a tad less than expected last month. ....

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Italy hits banks with windfall tax

A surprise 40% windfall tax has been levied on Italian bank profits to help households and small businesses struggling with the cost of living, the government has announced. ....

Giorgia Meloni , Intesa Sanpaolo , Matteo Salvini , European Central Bank , Prime Minister Giorgia Meloni , Deputy Prime Minister Matteo Salvini , Category All , Category Economic News , Category Currencies , Category Bonds , Category International Economic , Category Headline News , Category Fidelity Top Stories , Mostread Economic News , Mostread Currencies News , Mostread Commodities News ,

US productivity grows quicker than expected in Q2, limiting labour cost increases

Faster-than-expected labour productivity in the U.S. over the three months to June, helped limit labour cost pressures. ....

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BoE raises rates by 25bp, points out risks from wage growth

The Bank of England raised official short-term interest rates by 25 basis points and noted that some of the risks from more persistent inflationary pressures may have begun to crystallise. ....

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